YY News and Press, JOYY Inc. From 03/17/21

Momo (MOMO) is 3.8% lower premarket following a downgrade at Morgan Stanley to Underweight, from Equal Weight. There's deterioration in the company's risk/reward profile suggested by a "weaker than expected recovery after the strategic reform and outlook in 2021, potential regulatory risk, an...

Chinese investors and fund managers had embarked on their Lunar New Year break but global investors continued to place bullish bets on China's equities. The disclosure by Catherine Wood's ARK Invest of Ping An Good Doctor, a Chinese health-tech company, sent the stock soaring. Bai...

Baidu ADRs (BIDU) are up 6.2% - and tagged their all-time high today - after an upgrade to Buy at China Renaissance, from Hold. Analyst Ella Ji raised her price target to $325 from $170, vs. an average price target of about $236. The $325 implies a further 10.6% upside from current pricing. A...

The company's Bigo Live segment is growing rapidly. In the latest quarter, it grew from RMB 1.4 billion in Q3 2019 to RMB 3.3 billion in Q3 2020. The YY live sale pushes through, it will inject $3.6 billion in cash into the company’s coffers which can be used to further develop...

ETFs heavy on Chinese internet names such as KWEB and CQQQ continued their strong performance. The dazzling IPO of Tencent-backed Kuaishou was massively oversubscribed both by institutions and retail investors and it opened at triple its raised offering price. Short-seller target ...

While pending anti-monopoly rules are expected to hurt Chinese tech giants, smaller tech companies in the country are well positioned to grab market share. We think lesser-known companies like JOYY, Inc. (YY), Sina Corporation (SINA), and Renren, Inc. (RENN) are poised to significantly capita...

SAN FRANCISCO, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges JOYY Inc. (NASDAQ: YY) investors with losses in excess of $250,000 to submit your losses now . An important investor deadline in a securities fraud class action is quickly approaching. JOYY Inc. (YY) Securi...

JOYY's (YY) $3.6b sale of its YY Live streaming business to Baidu (BIDU) remains on track, Nomura said earlier after talking to management recently.Baidu and JOYY appear committed to the transaction; deal was expected to be completed by end of 1H21, according to Nomura analyst Jialo...

BOSTON, MA / ACCESSWIRE / January 4, 2021 / On November 18, 2020, analyst Muddy Waters announced that it would short JOYY, calling the Company "a multibillion-dollar fraud." Muddy Waters wrote that "YY's component businesses are a fraction of the size it reports, and that the company's repor...

Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In JOYY To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - December 28, 2020) - If you suffered losses exceeding $50,000 investing in JOYY stock or optio...